Episode 206: Crowdstrike (CRWD Stock) Still Facing Challenges After Microsoft Service Outage
Description
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After a faulty CrowdStrike software update on July 19 caused a global Microsoft Windows outage, the endpoint cybersecurity company would like to quickly move on. So would many investors. But a quick rebound may not be happening. In this episode of Chip Stock Investor Cybersecurity Edition, Nick and Kasey explain why they're exercising more patience with this investment holding.
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Affiliate links that are sprinkled in throughout this video. If something catches your eye and you decide to buy it, we might earn a little coffee money. Thanks for helping us (Kasey) fuel our caffeine addiction!
Content in this video is for general information or entertainment only and is not specific or individual investment advice. Forecasts and information presented may not develop as predicted and there is no guarantee any strategies presented will be successful. All investing involves risk, and you could lose some or all of your principal.
Chapters:
00:00 Cybersecurity Industry Growth
01:58 CrowdStrike's Recent Challenges
02:40 Importance of Personal Cybersecurity
06:37 CrowdStrike's Financial Performance
07:23 Future Outlook and Guidance
11:01 Litigation and Profitability Concerns
17:01 Investment Strategy and Conclusion
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Nick and Kasey own shares of Crowdstrike
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